Heike Prinz appointed to Board of Administration of Bayer AG

Heike Prinz appointed to Board of Administration of Bayer AG

Leverkusen, August 21, 2023 – The Supervisory Board of Bayer AG has unanimously appointed Heike Prinz to Bayer’s Board of Administration efficient September 1, 2023. She’s going to turn into the corporate’s Chief Expertise Officer and Labor Director. This follows the mutual settlement by Board member Sarena Lin and Bayer’s Supervisory Board to not prolong her contract past January 31, 2024. 

Heike Prinz (58), most just lately Head of Industrial Operations Europe, Center East & Africa for Bayer’s Pharmaceutical Division, and a member of the Prescribed drugs Govt Committee, has a virtually thirty-seven-year profession with Bayer. Heike Prinz joined Schering AG, which Bayer acquired in 2006, in November 1986, and has held roles of accelerating duty in Gross sales, Advertising, as Chief of Employees, and in Normal Administration, amongst others.

Heike Prinz holds a grasp’s diploma in enterprise administration from the Berlin Faculty of Economics and Legislation. She has complete expertise in main massive organizations throughout a number of layers and in numerous cultural contexts. She has a robust observe document of profitable product launches, enterprise turnarounds, driving sustainable development and cultural transformation. Heike Prinz is married and along with her native nation, Germany, she has lived and labored in Singapore, Thailand, and Japan. In her new position, she might be primarily based in Leverkusen, Germany.

“We’re very happy to have Heike Prinz be a part of Bayer’s Board of Administration. Her breadth and depth of expertise, and excellent observe document of growing and rising companies by way of her management of huge, international groups all over the world, make her a really perfect candidate for her new project,” stated Prof. Dr. Norbert Winkeljohann, Chairman of the Supervisory Board of Bayer AG. “Heike is a task mannequin in folks improvement and a real champion for variety, fairness and inclusion. She’s going to deliver a robust enterprise focus to the additional improvement of our expertise technique at Bayer and to her position as Labor Director.”

“On the identical time, we want to sincerely thank Sarena Lin for her dedication, invaluable enter and the profitable initiatives undertaken beneath her management – all of which helped to put the inspiration for Bayer and its folks to unlock the complete potential of the corporate on this new chapter,” stated Winkeljohann. “Throughout her tenure, Sarena has formed and superior management capabilities throughout the group, inspiring belief, loyalty and robust efficiency from workers in any respect ranges whereas additionally championing variety, fairness and inclusion. We want her all the easiest for the longer term.”

Heike Hausfeld, Vice Chairwoman of the Supervisory Board and Chairwoman of the Bayer Central Works Council, stated: “On behalf of the worker representatives, I’d prefer to welcome Heike Prinz to the Board of Administration and as Labor Director. I’m assured that her lengthy and profitable tenure at Bayer, in addition to her expertise with the German labor drive, will serve her nicely in her new position. I sit up for persevering with to foster an open and trustful dialogue as a part of the continued social partnership that we’ve got constructed over a few years at Bayer. On the identical time, I want to thank Sarena Lin for the constructive cooperation and her open ear to the issues of the workforce. I actually appreciated the trade with Sarena over the previous years and need her all the perfect for the longer term.”

Sarena Lin has served as member of the Board of Administration of Bayer AG since February 1, 2021. She’s going to depart the corporate efficient August 31, 2023.

About Bayer
Bayer is a world enterprise with core competencies within the life science fields of well being care and vitamin. Its services and products are designed to assist folks and the planet thrive by supporting efforts to grasp the main challenges offered by a rising and growing older international inhabitants. Bayer is dedicated to driving sustainable improvement and producing a optimistic influence with its companies. On the identical time, the Group goals to extend its incomes energy and create worth by way of innovation and development. The Bayer model stands for belief, reliability and high quality all through the world. In fiscal 2022, the Group employed round 101,000 folks and had gross sales of fifty.7 billion euros. R&D bills earlier than particular gadgets amounted to six.2 billion euros. For extra info, go to www.bayer.com.

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Ahead-Trying Statements
This launch might include forward-looking statements primarily based on present assumptions and forecasts made by Bayer administration. Varied identified and unknown dangers, uncertainties and different elements might result in materials variations between the precise future outcomes, monetary scenario, improvement or efficiency of the corporate and the estimates given right here. These elements embody these mentioned in Bayer’s public stories which can be found on the Bayer web site at www.bayer.com. The corporate assumes no legal responsibility by any means to replace these forward-looking statements or to evolve them to future occasions or developments.

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